Homogeneity, returns to scale and (log)concavity

Per Hjertstrand

This brief note shows that if a production function, f, is quasiconcave, increasing and homogeneous, then f is concave if it displays nonincreasing returns to scale, and f is logconcave if it displays increasing returns to scale.

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Year of publication:	March 30, 2020
Authors:	Hjertstrand, Per
Publisher:	Stockholm, Sweden : Research Institute of Industrial Economics
Subject:	Homogeneity \| Returns to scale \| Rho-concavity \| Theorie \| Theory \| Skalenertrag

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Extent:	1 Online-Ressource (circa 5 Seiten)
Series:	IFN working paper. - Stockholm, ZDB-ID 2483275-3. - Vol. no. 1328 (2020)
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Graue Literatur ; Non-commercial literature ; Arbeitspapier ; Working Paper
Language:	English
Other identifiers:	hdl:10419/240471 [Handle]
Classification:	D21 - Firm Behavior
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012195707